As we today mark the Festival of Lights that is Chanukah, we look at the transactions shining brightly this week. Among these “miracles” is the sale of IEC’s Ramat Hovav power plant, the latest sale in the reformed Israeli electricity sector. Yossi Levy & Co. acted for the buyers, Shikun & Binui Energy and Edeltech Group. We also learn of the seventh fund for Israeli private equity firm, FIMI, which raised a whopping $1.2B, with Naschitz, Brandes, Amir & Co.advising. There has also been the filing for a London #IPO spin-off by Delek Drilling, represented by Agmon & Co. Rosenberg Hacohen & Co., and Tadmor Levy & Co. advised on a $30M Series B agri-tech investment.

Active in the Israeli market, Fox Rothschild LLP has strengthened its corporate, tax, clean-tech and real estate offering after combining with law firm Greene Radovsky Maloney, boosting its presence in northern California. With regards to the UAE, Herrick, Feinstein LLP is holding a webinar on doing business in the UAE featuring the President and CEO of Bank Leumi USA, Avner Mendelson, while Taylor Wessing has just hosted the Bank Hapoalim and Export Institute delegation to the UAE, discussing technology and venture capital cooperation between the two countries.

https://mailchi.mp/legalmarketing/legally-israel-news-roundup-4825686